Understanding Trading Bot Scams

Understanding Crypto Scams

Protect Your Investment

A trading bot scam involves fraudulent software that promises to automate cryptocurrency trading for high returns. Scammers lure investors by showcasing fake performance metrics and testimonials.

Once users invest and grant access to their crypto accounts, the scammers either steal funds directly or manipulate trades to drain the account. Learn to recognize and avoid trading bot scams to safeguard your crypto investments.

Pig Butchering Scams

Scammer gains the victim’s trust and then convinces them to invest in a fake cryptocurrency scheme.

Trading Bot Scams

Fraudulent software that promises to automate cryptocurrency trading for high returns.

Rug Pull Scams

Scammers create hype around a new token, attract significant investment, and then disappear with the funds

Pump and Dump Schemes

Scammers artificially inflate the price of a cryptocurrency, and then they sell all their holdings, leaving investors with significant losses

Fake Exchanges and Wallets

Websites and apps mimicking legitimate services designed to steal user’s funds.

Investment Scams

Scammers posing as reputable advisors or investment platforms promising high returns with little risk.

Crypto Recovery Scams

Crypto recovery scams target victims of previous cryptocurrency scams by promising to help recover lost funds